Detailed text transcripts for TV channel - FOXNEWS - 20130903:14:27:00
When we were debating in the last time in 2011, we actually -- that's how we got the sequester, tsa how we got the spending caps x. let me say this, that those caps are actually working. you know, we're so much doom and gloom sometimes talking about the budget, a little bit of good news is that the budget has actually fallen as a result of that sequester, and the deficit is going to be half as big as it was three years ago. bill: that may be true, but the cbo will conclude this, this year alone the united states will spend $640 billion more in taxes than it takes in. >> that's right. bill: and...
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